Asia
PhiChem Extends 30 Million Yuan Loan to Affiliate
PhiChem (SHE:300398) will extend a 30 million yuan loan to affiliate Anqing Xingkai Semiconductor Materials, according to a Thursday filing with the Shenzhen bourse.The loan is valid for 12 months with an interest rate based on the one-year loan prime rate, with interest payable quarterly.Anqing Xingkai Semiconductor Materials is a subsidiary of Kunshan Xingkai Semiconductor Materials, which is in turn a subsidiary of the listed company.
SHE:300398
